@JEChalmers@sunriseon7@TheTodayShow@abcnews Vic will be bankrupt with less properties being transferred. Less investors = less land tax.
Less sellers = less stamp duty.
Vic wll be further cooked.
My 6yr old could figure this stuff out. Fml
@JEChalmers@sunriseon7@TheTodayShow@abcnews You know itβs bc buyer schemes right?
While driving prices of everything else up so construction dies.
CGT changes = less sellers. Less sellers = less stock. Less stock = higher prices. Higher prices = fail.
Vic govt needs sales to survive (umm stamp duty!)